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Varma Mutual Pension Insurance Co Has $11.33 Million Stock Position in Ameriprise Financial, Inc. $AMP
Varma Mutual Pension Insurance Co increased its stake in Ameriprise Financial, Inc. (AMP) by 21.6%, bringing its total holding to 23,062 shares valued at $11.33 million. This comes as Ameriprise beat Q4 earnings expectations with $10.83 EPS and declared a $1.60 quarterly dividend. Despite institutional buying, some insiders have been net sellers, offloading shares worth approximately $9.68 million in the past three months.